622-624 Conti St New Orleans, LA 70130
- Retail properties
- 13,735 SF
Current Use by Public Records
- Retail properties
Property Details for 622-624 Conti St
- Property size
- 13,735 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a stunning, four-story, 13,735-square-foot building located in the heart of New Orleans' French Quarter, at 622-624 Conti Street. Situated directly across from the Louisiana Supreme Court, between Royal and Chartres Streets, this property boasts an unparalleled location within the French Quarter's most desirable area. The building features a fully renovated, turnkey two-story restaurant complete with a high-end commercial kitchen and a second-floor balcony. A luxurious first-floor apartment with a private courtyard adds to the property's versatility. Atop the building, a fourth-floor penthouse offers a private rooftop deck, pool, and outdoor kitchen. The third floor presents a prime redevelopment opportunity, allowing for significant expansion or customization. The building is elevator-serviced and sits on a 4,931-square-foot lot. The asking price is $3,600,000, translating to $360.39 per square foot. The property is zoned VCC-2 and offers a unique blend of established income streams and significant upside potential. This is a rare chance to acquire a truly iconic New Orleans property with exceptional long-term value.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans Parish
- State
- Louisiana
- Longitude
- -90.0667
- Latitude
- 29.9553